Adam Mosseri, the head of Instagram, testified in a landmark trial on Wednesday that social media was not “clinically addictive,” The New York Times reported. Mosseri added that people could be addicted to social media similarly to being addicted to a television show, but that that was different ... Read more ›
1
X recently hit $1 billion in annualized recurring revenue from selling subscriptions, head of product Nikita Bier said in an xAI all-hands meeting on Tuesday. The subscriptions X sells include Basic, Premium and Premium+ plans that range from $3 to $40 per month. The social media site, formerly ... Read more ›
15
Target said this week that it will be one of the first advertisers working with OpenAI as it launches ads in ChatGPT. Target also said that brands that advertise through its Roundel retail media business will be able to participate in the ads pilot. OpenAI launched ads for some U.S. ChatGPT ... Read more ›
1
EssilorLuxottica and Meta Platforms sold more than 7 million smart glasses in 2025, Essilor reported on Wednesday, a huge improvement on 2024. Essilor had reported a year ago that only 2 million smart glasses had been sold since the product was launched in 2023. EssilorLuxottica’s disclosure was ... Read more ›
45
Hedge fund manager Bill Ackman’s Pershing Square Capital Management last year bought stakes in Meta Platforms and Amazon, adding to a portfolio already heavy with big tech stocks Alphabet and Uber. Ackman jumped into both stocks as they were underperforming. Amazon rose 5.2% last year, while ... Read more ›
1
Elon Musk has overhauled xAI’s leadership structure following its merger with SpaceX and as he pressures the AI firm to accelerate progress on Grok AI models, The Information’s latest org chart for the combined company shows. The changes coincide with an exodus of senior leaders. The xAI reorg has elevated a handful of technical leaders who now report directly to Musk, including co-founder Guodong Zhang, who leads teams working on... Read more ›
36
Will AI make investment bankers and traders irrelevant? That's one of the most talked-about questions in finance these days.In reality, banks are already feeling the impact of AI on their behind-the-scenes plumbing, where payments, cash management, treasury and foreign exchange operations are embracing AI models to cut costs in these notoriously low-margin businesses.Several big banks, including Citigroup, Barclays and Standard Chartered, have tapped data and analysis from Chinese fintech giant... Read more ›
3
Shopify said Wednesday it expects to continue its momentum from the holiday shopping season into the first quarter, projecting a revenue growth rate in the low thirties. The e-commerce software maker’s revenue rose 31% to $3.7 billion in the fourth quarter of 2025, helped in part by Shopify ... Read more ›
0
Here at The Information, we’re always trying to break through the hype to understand how folks are actually using AI in the real world. And recently, I came across a new application of AI that I can’t say I had ever heard of before: using ChatGPT to catch so-called leakers.When a news story about OpenAI’s internal activities is published, security personnel at the company feed the article into a special... Read more ›
0
Software stocks have started to recover after last week’s disastrous sell-off, but hardly enough to reverse a rout that has plagued the sector since fears that AI would render its products irrelevant took root. Several big-name software stocks, including ServiceNow, Adobe and Workday, are now trading at their lowest valuations in a decade. That presents buying opportunities for investors willing to make a bet on which software companies will survive... Read more ›
3
Jimmy Ba, a cofounder of Elon Musk’s xAI and a prominent AI scientist, said late Tuesday that he just left the company. Ba’s exit comes the day after another xAI cofounder, Tony Wu, announced his resignation. “It’s time to recalibrate my gradient on the big picture,” Ba said in a post on X. “ ... Read more ›
0
The chairs of the U.S. House China and Foreign Affairs committees sent a letter urging the Trump administration to close loopholes in export controls that allow China to gain access to advanced chip-making equipment. The push comes after media reports in December that China made ... Read more ›
0
Working at an Elon Musk company is rarely a stable gig. Musk is known to be an extremely demanding boss, and when he’s focused on a problem, heads will usually roll, either because he fires people or makes their lives so miserable they quit. That seems to have been the case again this week, with major executives at both xAI and Tesla heading for the exits. At xAI, co-founder Tony... Read more ›
0
Maybe the “dumb money” isn’t so dumb after all. Over the last two years, Silicon Valley has been flooded with special purpose vehicles that promise individual investors a way to own shares in OpenAI, Anthropic and other buzzy startups. These often seemed like a sure way for individuals to lose money, thanks to exorbitant fees and the funds’ sometimes dubious claims of share ownership. But a SpaceX initial public offering... Read more ›
0
Lyft, the no. 2 ridehailing firm, reported 3% higher revenue of $1.6 billion in the fourth quarter, sending its stock plunging 15% in after-hours trading. But Lyft said that excluding changes to legal, tax, and regulatory reserves, its revenue would have risen 13%. The company reported 19% ... Read more ›
0
Peter Steinberger, creator of OpenClaw, an AI agent that has taken the developer world by storm, recently made a stunning statement: he doesn’t even look at much of the AI-generated code he uses to make the agent. That could soon become the norm for a majority of people developing applications, said former GitHub CEO Thomas Dohmke. This idea is part of the impetus behind Entire, Dohmke’s new AI-code monitoring startup,... Read more ›
0
OpenAI has touted shopping inside ChatGPT as a major business opportunity as it tries to raise tens of billions in fresh cash. Meanwhile, the company is still nailing down some online commerce basics. That includes figuring out the best way to navigate state sales taxes—people working on commerce inside OpenAI still haven’t decided how it should handle the collection of sales taxes for purchases made through its site, two people... Read more ›
0
Meta Platforms CEO Mark Zuckerberg and his wife Priscilla Chan are reportedly purchasing a mansion on Indian Creek, a man-made island in South Florida often referred to as “Billionaire Bunker.” According to a report in The Wall Street Journal, Zuckerberg told one of his future neighbors ... Read more ›
0
Spotify’s revenue grew 7% in the fourth quarter of 2025, the music streaming and podcast service reported, in line with the third quarter. A 4% drop in ad revenue partly offset 8% higher subscription revenue. But the company reported an improvement in its gross margin, which translated to ... Read more ›
0
The sizable gap between how AIs and humans learn new things has inspired researchers to rethink the math behind today’s AI models. But developers have found a more immediate and practical workaround to get AI to continually learn: “skills.” A skill is a text prompt containing instructions for how an agent should perform a task. For example, an agent that is instructed to tweak a PDF might review a skill... Read more ›
1
Most popular sources
The Fintech Times
|
0% |
VentureBeat
|
0% |
ArcticStartup
|
0% |
Firstpost Tech
|
0% |
UK Tech News
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
14.03.2026 06:34
Last update: 06:25 EDT.
News rating updated: 12:23.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.